Koii Network, a Web3 publishing protocol building a more equitable internet, announced its partnership with Peeranha to bring its creator attention rewards to Peeranha’s community questions and answers platform. Upon launching the partnership, users that submit responses to questions on Peeranha will receive KOII tokens every time their response is viewed. Koii will also have a dedicated forum on the platform, allowing developers the opportunity to earn tokens by helping one another both use and build on Koii’s Decentralized App Development Stack which can be used to host applications built through the Koii Stack.
In the future, Peeranha community members will have the option to earn tokens not only from replying to questions on the platform, but also for running nodes on a personal device to host the decentralized application itself. This will deepen the level of engagement each user has with the Peeranha ecosystem, while providing multiple streams of income both for posting and hosting. Enabling users to run nodes will also increase the decentralization and security of Peeranha, allowing governing control for each Peeranha user.
“While community-driven question-and-answer platforms have existed well before blockchain technology, people were never rewarded or compensated for their contributions,” said Al Morris, CEO and co-founder of Koii Network. “Partnering with Peeranha is a natural next step in our mission to create a more equitable internet where users and creators profit from their own work, not the tech monopolies who exploit that effort and knowledge.”
Peeranha users will be able to attach Koii Network’s native cryptocurrency wallet named Finnie, to their account, allowing them to hold the KOII tokens earned through their services on the platform. Through Koii’s attention rewards, content creators are rewarded based on the attention their content garners. As developers seek explanations and guidance on Peeranha, tokens are allocated to the creators who share their knowledge based on the readership of their answers. This system places ownership and profit into the hands of creators themselves, rather than third parties.
“The reward system encourages people to share their knowledge and contribute to the community, receiving recognition for it. Peeranha and Koii will collaborate to create a new knowledge sharing economy in which users’ knowledge becomes their most valuable asset,” said Sergey Ilin, CTO and co-founder of Peeranha.
By rewarding users for their answers, Peeranha and Koii are furthering their work to drive the open-source ethos of blockchain forward. With a shared goal of democratizing information, the collaboration allows Koii Network to not only support Peeranha’s mission but to add financial incentives for people throughout the world to join in on the efforts. As information and tools necessary to adapt, build, and thrive in the Web3 ecosystem are further shared, mainstream adoption will continue to grow.
To get started on Peeranha, check out https://peeranha.io/feed
About Koii Network
With the goal of realizing the full potential of decentralized ledgers, Koii is building the infrastructure necessary to facilitate this revolution by creating tools including dApp templates entirely coded in JavaScript, decentralized storage management, attention rewards, and a node network that ensures the autonomy of developers and creators, allowing them to maintain full ownership of their content.
To learn more, please visit koii.network
About Peeranha
Peeranha is a decentralised Q&A protocol for Web3, focused on creating a new economy of knowledge sharing. It simplifies the process of finding and managing information in Web3 by incentivising users to contribute, giving ownership of the knowledge back to the community and storing it on the blockchain.
For more information, please visit peeranha.io